Hormel Foods

Fortune 500, multinational manufacturer and marketer of consumer-branded food and meat products.

Employees

1001-5000 people

Market cap

Enterprise valuation

€17.9b (Public information from Sep 2024)

Austin Texas (HQ)

http://hormelfoods.com

https://twitter.com/hormelfoodscorp https://www.facebook.com/hfrecipes https://www.linkedin.com/company/hormel-foods

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Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	9.6b	11.4b	12.5b	12.1b	12.1b	12.4b	12.7b
% growth	1 %	19 %	9 %	(3 %)	-	2 %	2 %
EBITDA	1.3b	1.4b	1.6b	1.4b	1.4b	1.5b	1.6b
% EBITDA margin	14 %	12 %	13 %	11 %	12 %	12 %	13 %
Profit	908m	909m	1.0b	794m	864m	934m	1.0b
% profit margin	9 %	8 %	8 %	7 %	7 %	8 %	8 %
EV / revenue	2.7x	2.3x	2.3x	1.6x	1.7x	1.6x	1.6x
EV / EBITDA	19.3x	18.4x	17.5x	14.4x	14.1x	13.2x	12.2x

Source: Dealroom estimates

Date	Investors	Amount	Round
Jan 1978	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 11 Indonesia 1

By Industry

Food 8 Marketing 3 Sports 1 Fintech 1

By Round

ACQUISITION 11 SECONDARY 1

Fontanini Italian Meats and Sausages

ACQUISITION by Hormel Foods Aug 2017

ACQUISITION by Hormel Foods Jul 2014

Burke Corporation

ACQUISITION by Hormel Foods Aug 2007

ACQUISITION by Hormel Foods Apr 2006

Century Foods International

ACQUISITION by Hormel Foods Jul 2003

Columbus Manufacturing

ACQUISITION by Hormel Foods Oct 2017

Jennie-O Turkey Store

ACQUISITION by Hormel Foods Jan 2001

ACQUISITION by Hormel Foods Jul 2015

Saag’s Products

ACQUISITION by Hormel Foods Nov 2006

ACQUISITION by Hormel Foods May 2016